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  1. Retail sales up by 0.8 pct in April while volume rises by 1.3 pct
    Photo by Pavlos Svoronos/Fosphotos

    EconomyMacroeconomy

    index has remained positive for three out of the first four months of the year. February has so far..., February has been the only month this year that the volume index fell into negative territory. Compared... has improved by 16.4 points and has fallen by 2.1 points since the start of the year.

    2%

  2. BoG Monetary Policy Report positive on programme end but advises caution for future targets
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    of the crisis has created new issues that include high public debt, high long-term unemployment... threshold. For BoG, the signal that Greece has turned a corner and the crisis has been overcome..., no one else has achieved what is expected from Greece. In its own DSA, a scenario of higher

    2%

  3. Unemployment rate edges up to 20.2 pct in April as number of employed dips
    Photo by Angelos Christofilopoulos/Fosphotos

    EconomyMacroeconomy

    when the rate also came to 20.2 percent. The unemployment rate has remained under 21 percent for five..., the figure for those employed has also fallen by 1,242. Total employment remained above 3.7 million... in unemployed by 7,698 compared to March. Against the same month last year, the number of unemployed has

    2%

  4. SYRIZA seeks best path to next general elections
    SYRIZA

    PoliticsGreek Politics

    and the European Parliament ballot on Sunday, May 26. However, there has been no clear indication from... elections in 2019 if the 1 percent of GDP reduction in pension expenditure has to go ahead. The other..., there has not been an attempt by SYRIZA to implicate New Democracy in any wrongdoing. The two parties

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  5. Greece-Russia spat intensifies but Athens hopes worst is over
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    by the Russia’s Ambassador to Greece Andrey Maslov that Foreign Minister Sergey Lavrov has cancelled plans... that Athens believes the matter has is now closed but noted that Greece would defend its national... ministry responded by saying that “no one can or has the right to interfere in Greece’s domestic affairs

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  6. Government indicates readiness to play waiting game on pension cuts
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    intervention from a government official suggesting that Athens has no intention of acting on this issue... of speculation over the weekend about whether the government has hopes of cancelling or postponing... mission to Greece has been completed and the relevant report delivered to the Eurogroup before any

    2%

  7. Government bolsters aid package as questions mount over deadly fires
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsGreek Politics

    The coalition has announced further financial aid for victims of the fires around Athens this week... is also coming under scrutiny as it has the task of coordinating crisis management. The head... on Wednesday criticising Skai TV and radio, which has been at the forefront of the rolling coverage

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  8. New overdue taxes rise by 428 mln in June, total stock above 102 bln
    By Panayiotis Tzamaros/Fosphotos

    EconomyMacroeconomy

    of 610 million euros, data from the Independent Authority of Public Revenues (IAPR) has shown... has stayed under 4 million. The total for legacy tax arrears (i.e. those created before 2017... has remained above the 100-billion mark for five months now. Based on a GDP estimation of 184.69

    2%

  9. Russia responds to expulsions but diplomatic row seen petering out
    Photo by Panayotis Tzamaros/Fosphotos

    PoliticsForeign Policy

    Russia has expelled two Greek diplomats and has forbidden two others from entering the country... and a communications technician at the Greek Embassy in Moscow. According to the same sources, Russia has forbidden... country. Kotzias has repeatedly defended the “added value” of the agreement by noting that it helps

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  10. Special tax structure would benefit hotels and jobs, bank argues
    Photo by George Vitsaras/Fosphotos

    EconomyFeatures

    and harness investments, Alpha Bank’s weekly financial bulletin has highlighted. Focusing its first section... quoted in the report, the hotel industry in Greece has undergone strong growth since 2004. In 2004.... However, the report notes that while the hotel industry has gone from strength to strength

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